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Mahindra Lifespace Developers (BOM:532313) Cyclically Adjusted PS Ratio : 11.35 (As of Jun. 13, 2024)


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What is Mahindra Lifespace Developers Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Mahindra Lifespace Developers's current share price is ₹612.50. Mahindra Lifespace Developers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹53.96. Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio for today is 11.35.

The historical rank and industry rank for Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:532313' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 5.81   Max: 12.36
Current: 10.91

During the past years, Mahindra Lifespace Developers's highest Cyclically Adjusted PS Ratio was 12.36. The lowest was 0.91. And the median was 5.81.

BOM:532313's Cyclically Adjusted PS Ratio is ranked worse than
91.51% of 1367 companies
in the Real Estate industry
Industry Median: 1.75 vs BOM:532313: 10.91

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Mahindra Lifespace Developers's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹0.912. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹53.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahindra Lifespace Developers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mahindra Lifespace Developers Cyclically Adjusted PS Ratio Chart

Mahindra Lifespace Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 3.06 6.45 5.96 10.87

Mahindra Lifespace Developers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.96 7.90 9.67 9.66 10.87

Competitive Comparison of Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio falls into.



Mahindra Lifespace Developers Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Mahindra Lifespace Developers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=612.50/53.96
=11.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahindra Lifespace Developers's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mahindra Lifespace Developers's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.912/153.0345*153.0345
=0.912

Current CPI (Mar. 2024) = 153.0345.

Mahindra Lifespace Developers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 30.816 94.103 50.115
201409 13.372 96.780 21.145
201412 18.192 96.780 28.766
201503 19.231 97.163 30.289
201506 13.167 99.841 20.182
201509 10.350 101.753 15.566
201512 14.596 102.901 21.707
201603 11.565 102.518 17.264
201606 7.822 105.961 11.297
201609 9.348 105.961 13.501
201612 15.891 105.196 23.118
201703 26.563 105.196 38.643
201706 9.260 107.109 13.230
201709 6.214 109.021 8.723
201712 10.998 109.404 15.384
201803 10.572 109.786 14.737
201806 9.975 111.317 13.713
201809 5.196 115.142 6.906
201812 8.060 115.142 10.713
201903 15.201 118.202 19.681
201906 6.851 120.880 8.673
201909 21.124 123.175 26.245
201912 5.081 126.235 6.160
202003 6.572 124.705 8.065
202006 0.929 127.000 1.119
202009 2.009 130.118 2.363
202012 3.669 130.889 4.290
202103 3.835 131.771 4.454
202106 9.724 134.084 11.098
202109 3.842 135.847 4.328
202112 1.566 138.161 1.735
202203 10.346 138.822 11.405
202206 6.081 142.347 6.538
202209 4.508 144.661 4.769
202212 12.044 145.763 12.645
202303 16.487 146.865 17.180
202306 6.399 150.280 6.516
202309 1.144 151.492 1.156
202312 5.282 152.924 5.286
202403 0.912 153.035 0.912

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mahindra Lifespace Developers  (BOM:532313) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Mahindra Lifespace Developers Cyclically Adjusted PS Ratio Related Terms

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Mahindra Lifespace Developers (BOM:532313) Business Description

Traded in Other Exchanges
Address
Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018
Mahindra Lifespace Developers Ltd is an India-based real estate development company. The firm, along with its subsidiary companies, is engaged in the development of residential projects and integrated large-format development. Its residential offering comprises mid-premium segment housing as well as affordable housing. It operates in two business segments including Operating of Commercial complexes and Projects, project management, and development segment. Operating of commercial complexes includes rental income from commercial properties. A project, project management, and development segment include income from the sale of residential units.

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